epa02170645 Chinese Yuan (RMB) notes are arranged for photographs in Shanghai, China on May 24, 2010. While U.S. Treasury Secretary Timothy Geithner and Secretary of State Hilary Clinton continue to press China on appreciating its currency during their visit to the country, recent fall in the value of Euro has made China more reluctant for revaluation, as it will make Chinese goods even more expensive for Europe, the country's biggest trading partner. EPA/Qilai Shen
Laura He
Opinion

Opinion

Across The Border by Laura He

Stronger yuan is in China’s best interest to attract capital inflows and stabilise expectations

China guides the yuan sharply higher after it surges to near 7-month peak, strengthening views the central bank is setting the currency on a firmer path

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epa02170645 Chinese Yuan (RMB) notes are arranged for photographs in Shanghai, China on May 24, 2010. While U.S. Treasury Secretary Timothy Geithner and Secretary of State Hilary Clinton continue to press China on appreciating its currency during their visit to the country, recent fall in the value of Euro has made China more reluctant for revaluation, as it will make Chinese goods even more expensive for Europe, the country's biggest trading partner. EPA/Qilai Shen
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